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Archive - 6/26/2026 - Sign In to see current Signals. |
Best Buy Co., Inc. (BBY) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week for the Best Buy Co., Inc. (BBY). During the week, the BBY gained 2.98 points, or 3.99%, and closed at 77.71 on Friday, June 26, 2026. BBY was trading at average weekly trading volume.
Long-term trend: [See BBY long-term trend chart] A long-term downtrend had started on August 29, 2024 at 103.71 and reached 54.99 on April 9, 2025. BBY lost 48.72 points, or 46.98%, in 31 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (55.11) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. BBY may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See BBY medium-term trend chart] A medium-term uptrend had started on May 13, 2026 at 55.10 and reached 79.51 on June 15, 2026. BBY gained -24.41 points, or -44.30%, in 4 weeks. The price is now at the 7.37% retracement level.
Weekly Technical Indicators: [See BBY weekly technical indicators chart] Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since May 22, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
Short-term trend: [See BBY short-term trend chart] A short-term uptrend had started on June 18, 2026 at 72.51 and reached 78.63 on June 25, 2026. BBY gained -6.12 points, or -8.44%, in 7 days. The price is now at the 15.03% retracement level.
Daily Technical Indicators: [See BBY daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. The daily MACD line is below its signal line since June 17, 2026. The distance between MACD and the signal line is low, but getting bigger. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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